Risk (9) Flashcards
1
Q
Ignorable risks
A
Minor consequences
2
Q
Insurable risks
A
Major consequences
3
Q
Political factors
A
Government and policy impact industry
4
Q
Economic factors
A
Economic factors affect organisational performance e.g. interest rates
5
Q
Social factors
A
Social environment and identifying emerging trends
6
Q
Technological factors
A
Rate of technological innovation affecting the market
7
Q
Environmental factors
A
Environmental factors and rise of CSR
8
Q
Legal
A
Understanding the laws involved in sector
